According to a December 2023 study, roughly four in ten surveyed private bankers, wealth advisors, intermediaries, and family offices who worked in ultra-high-net-worth individuals' wealth management believed that classic cars were becoming a more popular investment of passion among their clients in North America. By contrast, only 15 percent of respondents said the same for furniture.
Investments of passion that are becoming more popular among ultra-high-net-worth individuals (UHNWIs) in North America as of December 2023
Characteristic
Share of respondents
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Knight Frank. (March 14, 2024). Investments of passion that are becoming more popular among ultra-high-net-worth individuals (UHNWIs) in North America as of December 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1399472/uhnwi-intention-purchase-investments-of-passions-americas/
Knight Frank. "Investments of passion that are becoming more popular among ultra-high-net-worth individuals (UHNWIs) in North America as of December 2023." Chart. March 14, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1399472/uhnwi-intention-purchase-investments-of-passions-americas/
Knight Frank. (2024). Investments of passion that are becoming more popular among ultra-high-net-worth individuals (UHNWIs) in North America as of December 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1399472/uhnwi-intention-purchase-investments-of-passions-americas/
Knight Frank. "Investments of Passion That Are Becoming More Popular among Ultra-high-net-worth Individuals (Uhnwis) in North America as of December 2023." Statista, Statista Inc., 14 Mar 2024, https://www.statista.com/statistics/1399472/uhnwi-intention-purchase-investments-of-passions-americas/
Knight Frank, Investments of passion that are becoming more popular among ultra-high-net-worth individuals (UHNWIs) in North America as of December 2023 Statista, https://www.statista.com/statistics/1399472/uhnwi-intention-purchase-investments-of-passions-americas/ (last visited August 25, 2024)
Investments of passion that are becoming more popular among ultra-high-net-worth individuals (UHNWIs) in North America as of December 2023 [Graph], Knight Frank, March 14, 2024. [Online]. Available: https://www.statista.com/statistics/1399472/uhnwi-intention-purchase-investments-of-passions-americas/